$1.1m

3 Bed    1 Bath

Property ID: 21368287

Land Size: 295 m²

Rates: $5206.30 Annually

Historic CBD Investment

A superb investment opportunity. This Iconic main street freehold building with well-known 'Gelato Bar' tenancy has been an integral part of Bellingen's historic streetscape

Boasting high-profile main street frontage, this building currently comprises of commercial premises down and a separate apartment up. Formerly the Masonic temple in Fernmount, the building was moved to its site in 1900. With a brick facade, the iron and weatherboard building features the hallmarks of a building of this era

The upstairs apartment consists of 2 to 3 bedrooms plus a sunroom, beautiful timbers and high ceilings. With views over the township, it really does have that CBD vibe

The ground floor commercial premises have been occupied since 2006 by 'The Gelato Bar', which is an award-winning and successful cafe. It is a great space with sunny outdoor seating

Current net market rental returns are assessed at $64k p.a. Held by the current owners since 1988, this property is not just an investment, but a trophy! An information memorandum is available for genuine enquiries on request